2020-08-31-accounts - Army Rugby Union Trust

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Charity Reference and Administrative		Details
Trustees' Annual Report (Including		Directors' Report and Strategic		Report)	2-7
Independent Auditor's Report					8-10
Statement ofFinancial Activities	(Including		Income and Expenditure	Account)
Balance Sheet					12
Statement ofCash Flows					13
Notes to the Financial Statements					14-26

			Notes	Unrestricted	Restricted	Total	Total
				funds	funds	2020	2019
					5	6	6
Incoming from:
Donations Other trading activities				318,272 22,587		318,272 22,587	320,087 54,526
Investment income Income from charitable		activities		3,694 56865		3,694 56865	4,732 1,023097
Total income				401,418		401 418	1,402,442
Expenditure on:
Raising funds Charitable activities				32,446 430,572	2,776	32,446 433,348	109,031 1,120,976
Total expenditure				463,018	2,776	465,794	1,230 007
Net (loss)/gain on investments			14	25,379		25379	1,571
Net income I(expenditure)				(86,979)	(2,776)	(89,755)	174,006
Transfers between	funds
Net movement in funds				(86,979)	(2,776)	(89,755)	174,006
Reconciliation offunds:
Total funds brought	forward			1„494,298	150494	1,644,792	1,470,786
Total funds carried	forward		19	1407319	147,718	1555037	1 644,792

			2020	2019
		Note	F	F
Cash flow from operating	activities	21	~62 443	177,720
Net cash flow from operating activities			~06443	177,720
Cash flow from investing activities
Payments to acquire tangible Interest received	assets		(2,101) 1,440	2,450
Dividends received			2204	2,282
Net cash flow from investing activities			1,593	4,732
Net increase in cash and cash equivalents			(60,850)	182,452
Cash and cash equivalents	at start date 1 September 2019		997,600	815,148
Cash and cash equivalents	at end date 31August 2020		936,750	997,600
Cash and cash equivalents	consists of:
Cash at bank and in hand			936,750	997,600
Cash and cash equivalents	at end date 31 August 2020		936700	997,600

					Total	Total
			Unrestricted	Restricted	Funds	Funds
			fundsf	fundsf	2020 5	2019
Rugby Football Union			25,772		25,772	32,503
Sodexo			10,000		10,000	12,000
Veolia			11,000		11,000	12,422
KBR(UK) Limited			15,000		15,000	15,000
Amey						10,000
LEIDOS			15,000		15,000	15,000
Team Army						5,000
Samurai			40,000		40,000	40,000
Royal British Legion			15,000		15,000	15,000
Lockheed Martin			5,000		5,000	5,000
SAAB Defence			15,000		15,000	15,000
Nationwide	Services					2,000
Caterpillar			5,000		5,000	5,000
CDS			7,500		7,500	7,500
Gifted assets			36,000		36,000	36,000
Mr P Sampson						700
Army Sports	Control	Board	10,000		10,000	8,450
RBS						5,500
Alford Technologies		Ltd	5,000		5,000	5,000
Marsh Land	System		8,000		8,000	3,000
Arturius International		Ltd				30,000
Revision						30,000
Avon						10,000
N Coyle						12
MITIE			80,000		80,000
Source Tactical			15,000		15,000
			318,272		318,272	320,087

Income from other trading act	ivities
			Total	Total
	Unrestricted	Restricted	Funds	Funds
	funds	funds	2020	2019
	5	E	6	E
ARU shop sales	13,576		13,676	40,783
Royalties	8,911		8,911	13743
	22,587		22,587	54,526

b) Cre	dit is taken for i	nterest receivable	when it falls due for pa	yments.
					Total	Total
			Unrestricted	Restricted	Funds	Funds
			funds	funds	2020	2019
				6	F
Dividend	and investment	income	2,254		2,254	2,282
Bank deposit interest			1,440		1440	2450
			3,694		3,694	4,732

Income from charitable activities
			Total	Total
	Unrestricted	Restricted	Funds	Funds
	funds	funds	2020	2019
			6
Sporting events	50,975		50,975	1,015,850
Prize money				1,250
Affiliation fees	4,690		4,690	5,600
Other Income	1,200		1,200	397
	56,865		56,865	1,023,097
Costs of raising funds
			Total	Total
	Unrestricted	Restricted	Funds	Funds
	funds	fundsf	2020 6	2019 f
ARU Shop cost ofsales	12,229		12,229	41,923
Marketing	17,445		17,445	67 108
	29,674		29674	109031

. Charitable	activiti	es
						Total	Total
				Unrestricted	Restricted	Funds	Funds
				funds	funds	2020	2019
			Note	F	6	6
Costs ofcharitable		activities	8	112,345	2,776	115,121	536,586
Governance	costs		9	126,295		126,295	168,127
Grant and donations			12	191,932		191,932	416263
				430 572	2776	433348	1 120976

Analysis of	e	xpendi	ture on charitab	le activities
						Total	Total
				Unrestricted	Restricted	Funds	Funds
				funds	funds	2020	2019
				F	6	E	6
Management				646		646	539
Grounds and infrastructure				454		454	2,703
Clothing formal				286		286	1,672
Playing and	training		kit	53,883		53,883	47,833
Training equipment				4,908		4,908	1,184
Medical				12,142		12,142	4,795
Presentations				2,887		2,887	959
Accommodation				3,397		3,397	2,088
Messing and	subsistence			1,764		1,764	4,390
Travel				10,948		10,948	3,638
Management	training			745		745	600
Discipline				249		249
Sporting events				11,630		11,630	455,898
Purchases							83
Vehicle leasing				2,849		2,849
Vehicle insurance				1,299		1,299	1,714
Depreciation				4,258	2,776	7,034	8,490
				112,345	2776	115121	536586
Governance	costs
						Total	Total
				Unrestricted	Restricted	Funds	Funds
				funds	funds	2020	2019
				E	6	6	F
Wage costs				85,267		85,267	102,546
Employer pension costs				10,310		10,310	10,682
Postage and	stationery			2,210		2,210	3,661
Media costs				9,163		9,163	6,329
Telephone and		fax		3,301		3,301	2,660
Website				1,599		1,599	28,625
Insurance				506		506	839
Expendable property				535		535
Bank charges Professional	fees			(14) 8,606		(14) 8,606	9 8,253
Electricity				721		721	635
Computer and		software		3,803		3,803	3,888
Miscellaneous		purchases		288		288
				126,295		126,295	168,127

							2020		2019
							6		9
Wages and salaries							77,118		94,065
Employment costs							8,149		8,481
Pension costs							10,310		10,682
							55 577		113,228
No employees had emoluments			in	excess of260,000(2019:660,000).
The average number	ofemployees			during the year was:
Administrative
.Auditor's remuneration
								2020	2019
								6
Fees payable to the	charity's	auditor		for the audit ofthe charity's			annual
accounts								5800	5,975
Fees payable to the	charity's	auditor		for other services:
Audit ofthe charity's	subsidiaries							2,850	2,900
Other services								675
Grant and donations
								Total	Total
					Unrestricted	Restricted		Funds	Funds
					funds	funds		2020	2019
					9		F	F	6
Academy annual grant					20,977			20,977	20,684
Senior XVannual grant					50,468			50,468	148,189
Sevens annual grant					7,318			7,318	40,217
Veterans annual grant					14,811			14,811	23,005
Women's annual grant					34,943			34,943	45,925
ARU Referees society	grant				12,695			12,695	23,880
Corps annual grant					6,242			6,242	6,414
Community annual grant					22,325			22,325	16,345
Coaching annual grant					6,988			6,988	22,257
Tours grant					8,200			8,200	27,991
Combined premiership	and championship				1,965			1,965	26,348
Garrison Rugby									15,008
Love Whitton 8 IMM Twickenham					3,000			3,000
St Marys CE Primary School					2 000			2000
					191,932			191,932	416263

Leasehold	Fittings	Total
property	and
	equipment
5		F
364,435	66,559	430,994
	2 101	2 101
364,435	68,660	433,095
36,288	65,639	101,927
6,048	986	7034
42,336	66,625	108,961
322099	2,035	324134
328,147	920	329067

Leasehold	Fittings	Total
property	and
	equipment
5	E	5
364,435	59,658	424,093
	2,101	2 101
364,435	61,759	426,194
36,288	58,738	95,026
6,048	986	7034
42336	59,724	102060
322099	2035	324 134
328,147	920	329,067

Fixed asset investments
		Group		Charity
		2020	2019	2020	2019
		6	E	E	E
Shares held in subsidiary	undertakings			1	1
Listed investments		319,228	344,607	319,228	344,607
		319,228	344,607	319,229	344,608
The Trust holds 1 Ordinary	E1 share being the entire share capital		ofARU Shop	Limited.
Listed Investments - Group 8 Charity			2020		2019
			F
Market value as at 1 September 2019			344,607		343,036
Acquisitions at cost
Disposal at market value
Investment income reinvested (Loss)/gain on investments			805 ~26,184		1,147 424
Market value as at 31August 2020			319228		344607
Holdings in excess of 5'/0	offund value
M&G Charifund (Income)		109'/0	34,652		42,935
M&G Charifund (Accumulated)		33.0/0	105,390		123,292
UST COIF		~6.1%	179186		178380
			319,228		344,607

Stock	of miscellaneous	goods - Trust
Shop	stock for resale

Group		Charity
2020	2019	2020	2019
6	F.	F
1,858	1,841	1,858	1,641
14,777	19,494
16,635	21,335	1,858	1,841

Group		Charity
2020	2019	2020	2019
8	F	6	6
2,441	12,955	2,420	11,683
2441	12,955	2420	11,683

Credito	rs: falling du	e within one year
			Group		Charity
			2020 f	2019 E	2020	2019 F
Sundry	creditors		15,651	34,036	15,651	34,036
Accruals	and deferred	income	28,500	26,736	25,700	21 464
			44 151	60772	41 351	55 500

				Balance at	Balance at							Balance	at
				1	September	Income		Expenditure	Gains			31August
					2019							2020
Unrestricted					1,494,298		401,418	(463,018)		(25,379)		1,407,319
					1,494,298		401,418	463,018		25,379		1,407,319
Restricted		funds
						Balance at					Balance at
						1 September		Income	Expenditure		31	August
						2019 f			F			2020
Property	and		equipment fund				150,494			2,776		147,718
							150,494			2,776		147,718
Analysis	of	net assets between				funds
										2020			2019
Restricted	Funds
Restricted	funds are				represented	by:
Fixed assets										147718			150,494
										147718			180484
The restricted			fund	solely relates		to the build cost		ofthe Development		Centre.
Unrestricted			Funds
Unrestricted		funds		are represented		by:
Fixed assets										495,644			523,180
Net current assets										911,675			971,118
									1,407,319				1,494,298
Included	in the above are the following						designated	funds:
Minimum	capital fund									650,000			650,000
Tour fund										150,000			200,000
Capital fund										50,000			50,000
										850,000			900,000

21.	Reconciliation ofnet income	Reconciliation ofnet income	to net	to net	cash	flow from operating	flow from operating	flow from operating	flow from operating	activities	activities	activities
											2020				2019
												6				8
	Net incoming resources Depreciation oftangible assets									(89,755) 7,034				174,006 8,490
	Gifted assets
	Unrealised losses/(gains) on	investments									25,379			(1,571)
	Investment income									(3,694)				(4,732)
	Decrease/(increase) in stock										4,700			(1,056)
	Decrease in debtors										10,514			4,027
	Decrease in creditors within	one		year						16,621				1	444
	Net cash inflow from operating			activities						62,443				177,720
22.	Financial instruments
	The carrying amounts ofthe	charity's			financial		instruments		are as	follows:
													2020			2019
														8		f
	Financial assets
	Measured at fair value through		net income			/ expenditure:
	- Fixed asset listed investments			(note	14)								319,228			344,607
	Debt instruments measured	at amortised cost
	- Debtors (note 16)															4,622
	Financial liabilities
	Measured at amortised cost
	-Creditors (notes 17)												15,651			34,036
	The income, expenses, net gains and				net losses attributable				to the charity's				financial		instruments		are
	summarised as follows:
													2020			2019
														8		6
	Net gains and losses (including			changesin		fair	value)
	Financial assets measured at fair value through						net income		/
	expenditure												(25,379)			1,571
23.	Operating lease commitments
	Lessee
	At the reporting end date the	company			had	outstanding		commitments			for	future		minimum		lease
	payments under non-cancellable			leases, as follows:
													2020 6			2019 f
	Within one year Between two and five years													2,687 3,135		2,463 6,047